Bed Bath & Beyond shareholders' day just went from worst to worsterer... After the stock closed down 30% today (following the company saying it was running low on funds and considering several options), The Wall Street Journal is reporting that, according to people familiar with the matter, BBBY is ...

The massive cost (and fat) cutting at Twitter under micromanaging new CEO Elon Musk continues.  For years Twitter had operated less like a company and more like a cult compound for leftist ideologues, with free lunches, yoga rooms, smoothie, wine and espresso bars, and minimal work buffered by point...

US TRADE US stocks closed lower on Thursday after hot US employment data kept the hawkish pressure on the Fed, with eyes now set on the US jobs report. SPX -1.17% at 3,808, NDX -1.59% at 10,741, DJIA -1.02% at 32,930, RUT -1.09% at 1,753 Click here for a detailed summary. NOTABLE HEADLINES Fed's Bul...

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Update (0900ET):  Here are some of the top headlines (via Bloomberg) from Silvergate's call with investors this morning:  *SILVERGATE SAYS CLIENTS ARE TAKING HUGE PAUSE IN CRYPTO *SILVERGATE NOT SEEING CLIENTS CLOSING ACCOUNTS, LEAVING CRYPTO *SILVERGATE FOCUSED ON BEING BEST PROVIDER FOR CRYPTO SPA...

The crackdowns against crypto luminaries are coming hot and heavy: on Thursday morning, New York Attorney General Letitia James filed a civil lawsuit Thursday against Alex Mashinsky, alleging the co-founder of bankrupt crypto lender Celsius Network LLC defrauded investors out of billions of dollars ...

The 30-year-old crypto businessman, charged with fraud and money laundering, was recently placed under house arrest at his parents' home in California after he was released from custody on a $250 million bail package last week. Ex-FTX chief Sam Bankman-Fried is considering pleading not guilty to fr...

Three weeks ago and experimental chat bot called ChatGPT was unleashed on the world. When asked questions, it gives relevant, specific, simple answers - rather than spitting back a list of internet links. It can also generate ideas on its own - including business plans, Christmas gift suggestions, v...

The Neuralink implant that aims to allow a person to control a computer with thoughts has good potential to achieve its initial goal of helping paralyzed people communicate. It may, at least to some extent, help restore vision for the blind. It may, to a significant degree, restore limb control for ...

Americans need to make their own medical risk assessments as Covid-19 cases accelerate in the U.S., President Joe Biden’s chief medical adviser said, reflecting a less virulent virus and public exhaustion with restrictions. “This is not going to be eradicated and it’s not going to be eliminated,” An...

If the EU actually enforces its agreed carbon border tax announcement, expect less global trade and far more inflation, worldwide. Carbon Border Adjustment Mechanism  To prevent "carbon leakage" the European Parliament Reached a Deal on a Carbon Border Adjustment Mechanism, CBAM for short.  An EU C...

Adar Poonawalla became the CEO of the world’s largest vaccine manufacturer, Serum Institute of India, when he was 30 years old. But that was not his first foray into the family business.  “I started, you know, at the grassroot level. I worked in every department — and particularly in marketing and s...